Tax season is underway. Here are key dates and deadlines that WA residents need to know
From federal income tax to Washington state’s property and capital gains taxes, here’s a guide to procedures and deadlines ...
New Income-Tax bill to provide clearer definition of online games
The Income Tax Bill, 2025 defines 'online game' as any game offered on the internet and accessible through a computer or ...
Income Tax Bill 2025: Here's how taxation of agricultural income, farmland has been tweaked
Section 10 of the Income Tax Act, which previously outlined exemptions for various types of income, including agricultural ...
New Income Tax Bill 2025: FM To Simplify 'Tax Year'; Here Are List Of 10 Key Changes Proposed In Draft
Under the new bill, the draft proposes a standard deduction of Rs 75,000 or the salary, whichever is less, where income is ...
Key update on plan to raise income tax thresholds from £12,570 to £20,000 as MP debate barrier passed
Support soars for petition meaning that MPs could debate tax freeze which is 'unfairly targeting the poorest paid' in Commons ...
No change in scope of virtual digital asset in Income Tax Bill 2025
The new Income Tax Bill that was introduced in the Parliament by Finance Minister Nirmala Sitharaman on Thursday has not ...
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Here Are the Federal Income Tax Brackets for This Year
Tax brackets dictate how much you’ll pay on each part of your taxable income for the year. They’re not set in stone: Each ...
New Income Tax Bill 2025 will simplify ‘tax year’ definition. Details here
The new Income Tax Bill, 2025 will replace the complex Income Tax Act of 1961, simplifying tax administration with clearer ...
Lower earners can see ‘five-figure refunds' from these tax credits, expert says. Here's who qualifies
The earned income tax credit and additional child tax credit are “refundable,” meaning filers can claim a refund without tax ...
What does no income tax up to ₹12 lakh really mean? Decoding differences between tax rebate, deduction & exemption
Finance Minister Nirmala Sitharaman raised the nil income tax slab to ₹12 lakh for salaried individuals. This entails a tax ...
NC taxpayers could get a higher refund & waived fees in 2025 with these tax code changes
Another change to the tax code could mean you get a higher refund this year. A state law that went into effect in January ...
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What does no income tax up to ₹12 lakh really mean? Decoding differences between tax rebate, deduction & exemption
Tax rebate will be provided to those earning up to ₹12 lakh under the new tax regime. In the Union Budget 2025, Finance Minister Nirmala Sitharaman mentioned that the ‘nil income tax’ slab ...